SBP Maintains Special Cash Reserve Account US Dollar Rate at 2.67 Percent for March 2026
State Bank of Pakistan keeps Special Cash Reserve Account US dollar remuneration rate unchanged at 2.67 percent for March 2026 under FE Circular 25 framework linked to CME SOFR benchmark.
Al Baraka Bank and Riphah University Launch NexGen PayPak Co-Branded Debit Card for Students
Al Baraka Bank Pakistan and Riphah International University introduce the NexGen PayPak co-branded debit card to promote digital banking, financial literacy and Shariah-compliant payments for students.
Engro Holdings Reports Rs107 Billion Profit, EPS Surges 72% in 2025
Engro Holdings posts Rs107.3 billion net profit for 2025, driven by operational gains and remeasurement of thermal assets, with revenue rising 10.8% and EPS at Rs46.2.
SBP Injects Rs12.95 Trillion into Banking System via Reverse Repo and Shariah-Compliant OMO
The State Bank of Pakistan conducted conventional and Shariah-compliant Open Market Operations, injecting Rs12.95 trillion to manage liquidity and support banking system stability.
Pakistan’s Inflation Expected to Rise to 7.4% in February 2026 Amid Electricity and Gold Price Pressures
Optimus Capital projects Pakistan’s inflation at 7.4% YoY in February 2026, driven by electricity tariff adjustments, rising gold prices, and base effect, with core inflation reaching 7.9%.
ACE Money Transfer Partners with Askari Bank to Expand Digital Remittance Channels in Pakistan
ACE Money Transfer and Askari Bank form a strategic partnership to enhance digital and formal remittance services in Pakistan, improving access for overseas Pakistanis.
Pakistan’s Banking Sector Reports Rs671 Billion Profit in 2025 Driven by Lower Interest Expenses
Pakistan’s banks achieved Rs671 billion cumulative profit in 2025, up 11% YoY, with UBL, Meezan Bank, and NBP leading earnings, supported by declining interest costs and deposit growth.
NIBAF Pakistan Hosts PSPC Leadership Induction Program Session on HSE Framework
NIBAF Pakistan’s PSPC Leadership Induction Program Batch-3 focuses on Health, Safety, and Environment standards to promote workplace safety, risk management, and sustainable leadership.
MCB Islamic Bank Appoints Hammad Khalid as President and CEO to Lead Digital Growth
MCB Islamic Bank names Hammad Khalid as President and CEO, reinforcing its focus on Islamic finance innovation, digital transformation and customer-centric expansion in Pakistan.
NIBAF Hosts PSPC Leadership Induction Program Batch 3 Focused on ESG Framework
NIBAF Pakistan conducts PSPC Leadership Induction Program Batch 3 session in Islamabad, highlighting ESG integration in institutional leadership and strategic decision-making.